Workday (WDAY) Q2 Revenue Tops Views, Offers Q3 Guidance
Workday (NYSE: WDAY) reported Q2 EPS of ($0.37), may not compare to the analyst estimate of ($0.06). Revenue for the quarter came in at $282.7 million versus the consensus estimate of $274.07 million.
Workday sees FY2015 revenue of $300-303 million, versus the consensus of $302.12 million.
"We had a great second quarter, and we're proud to share that we've crossed the 1,000-customer milestone," said Aneel Bhusri, co-founder and CEO, Workday. "We saw strong sales traction for growth initiatives including financial management, education and government industry solutions, and European expansion. We also continued our rapid product innovation with the announcement of Workday Planning, a new application that will round out our financial suite and bring budgeting, planning, and forecasting capabilities into Workday."
"We are very pleased with our solid second quarter results," said Mark Peek, co-president and chief financial officer, Workday. "We generated record quarterly revenues and trailing twelve month operating cash flows. Looking ahead, we anticipate third quarter total revenues to be within a range of $300 and $303 million, or growth of 39% to 41% as compared to the prior year."
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